Meet our members
HQ office : Copenhagen, Denmark
ADDRESS : Fredericiagade 27,
1310 Copenhagen K
WEBSITE : http://www.ifu.dk
The Investment Fund for Developing Countries
IFU – the Danish Development Finance Institution – was founded in 1967 and joined EDFI in 1992. IFU is a self-governing fund established by the Danish government. The Minister of Foreign Affairs appoints the board of IFU and the CEO. IFU’s objective is to promote economic activity in developing countries in collaboration with Danish trade and industry. Danish investor, a Danish interest in project or a DFI investor is required for IFU’s participation. IFU also has offices in: China, India, Kenya, Nigeria, South Africa, Ghana, Colombia, Ukraine, and Singapore.Member's website
Key numbers (end of 2016)
in new annual commitments to 29 projects
in total portfolio of 212 projects
in investment funds
Other Fund Management
IFU also manages funds that have raised capital from institutional investors, alongside IFU capital and support from the Danish government. The Danish Climate Investment Fund and the Danish Agribusiness Fund have both raised more than half their capital from Danish pension funds in their first closing.
equity and quasi equity
Investments are made in countries which are eligible to receive official development assistance per the OECD -DAC list. At least 50% of IFU’s investments must be made in countries with a GNI per capita below 80% of the upper limit for LMIC as classified by World Bank. IFU can invest in all sectors.